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Luxor Industrial Corp. V.LRL


Primary Symbol: LXRRF

Luxor Industrial Corp is a Canada-based company engaged in the manufacturing and selling of wooden building components including an engineered bridging system and architectural wood products. The company also involved in a stock glulam beam distribution program.


EXPM:LXRRF - Post by User

Comment by mjh9413on Jun 01, 2016 3:38pm
66 Views
Post# 24924401

RE:RE:RE:RE:RE:RE:RE:RE:More detail for Q1

RE:RE:RE:RE:RE:RE:RE:RE:More detail for Q1I agree...on many points you make...but that one about doing new business profitably is the leading on.
Just what was the relationship between the labor and raw material cost of ~$1.65MM (out of the total cost of sales of just over $2MM)? I imagine the rest of the components will not reduce as more business is done in a qtr, though some might be relatively unchanged, and while most are for cash, they are relatively small, but is there a relationship between the first two and the gross revs?
Answer?
Imagine they only include raw material costs related to the revenues. Maybe I am wrong but that would make wood costs (plus all the other framing materials) about 1/3rd of revs. If they do $5MM this qtr does that mean these costs would be ~$1.7MM.
As to labor I have to assume costs will increase relative to prodn. How much? Maybe some economies of scale but say it is `$1.2MM.
$2.9MM from $5MM and then less other cost of sales items (say $500K) leaves  $1.6MM, margin 32%, and if other costs do reduce to say $750K ( still unsure of what is recurring and what isn't), that leaaves NET about say $850K or 2c per share (40MM shares)
That would be a good qtr  if numbers are reliable.
I simply wanted confirmation on the numbers.
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